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Game Theory and the Law (Economic Approaches to Law)

From Brand: Edward Elgar Pub




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 | #2503537 in Books |  Edward Elgar Pub |  2008-01-08 | Original language:English | PDF # 1 |  9.50 x6.50 x1.75l, | File type: PDF | 603 pages

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||About the Author|Edited by Eric B. Rasmusen, Dan R. and Catherine M. Dalton Professor of Business Economics and Public Policy, Kelley School of Business, Indiana University, US

Game Theory and the Law is a collection of previously published articles in which ideas from game theory and the economics of asymmetric information are applied to legal issues. Game theory's method is to simplify a situation by describing it in terms of players, actions, payoffs, after which the players' strategic interactions can be described. Whether used explicitly or implicitly, this is a highly useful approach to law. This important volume collects together the cla...

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